Tuesday, July 28, 2009

Dallas Home Prices Up 1.9% In May From April.

The latest Standard & Poor's Case-Shiller Housing Index shows that Dallas home prices rose for the 3rd consecutive month. Only one other city in the index, Denver, can claim the same upbeat 3-month performance. Dallas also has had the lowest year over year decline in the index at -4.1% when compared to May, 2008.

Nationwide, the pace of the home price descent seems to have slowed. Case-Shiller tracks the prices of typical single-family homes located in each metropolitan area. The index survey does not include condominiums and townhouses. It only covers pre-owned properties – no new construction.


Gprofessionals said...
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Gprofessionals said...

This is strange that Dallas Home prices are up by 1.9%. Hopefully this would be an exception.
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